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13 Oct 2017, 9:09 am
TREATING CREDITORS FAIRLY The Bankruptcy code requires you to treat all creditors fairly. [read post]
13 Oct 2017, 5:49 am
Note, however, that this analysis applies only to normal creditors, not the decedent’s unpaid income tax liabilities, for which the Trustee would remain personally liable.Filed under: Answers to Common Questions, Massachusetts Probate & Estates, Probate Avoidance, Protection from Creditors, Trusts [read post]
12 Oct 2017, 4:23 pm
But after a corporation files for bankruptcy, the shares of the corporation are normally cancelled, and the corporation’s board of directors is replaced with a court-appointed representative who is responsible for liquidating the corporation’s assets and paying creditors. [read post]
12 Oct 2017, 9:05 am
The drafter should also consider whether the debtor has any assets in the country in which the award creditor anticipates enforcement proceedings to occur. [read post]
12 Oct 2017, 9:05 am
The drafter should also consider whether the debtor has any assets in the country in which the award creditor anticipates enforcement proceedings to occur. [read post]
12 Oct 2017, 9:05 am
The drafter should also consider whether the debtor has any assets in the country in which the award creditor anticipates enforcement proceedings to occur. [read post]
12 Oct 2017, 7:15 am
If you conceal assets from creditors during bankruptcy, you are breaking the law and could face heavy fines and imprisonment. [read post]
12 Oct 2017, 3:58 am
The shareholder will be held liable if the shareholder does not contribute capital and the failure to contribute capital results in non-payment of taxes, non-payment of employee salaries or fraud against creditors. ii. [read post]
12 Oct 2017, 3:58 am
The shareholder will be held liable if the shareholder does not contribute capital and the failure to contribute capital results in non-payment of taxes, non-payment of employee salaries or fraud against creditors. ii. [read post]
11 Oct 2017, 3:08 pm
If you are in financial trouble with your creditors, your application form will reveal it. [read post]
11 Oct 2017, 11:41 am
Section 1002.7(d) of Regulation B specifies when a creditor may require the signature of a spouse or other person (Additional Signature Rule). [read post]
11 Oct 2017, 10:49 am
Potential creditors give dealers conditions about what sort of transactions they will accept. [read post]
11 Oct 2017, 8:56 am
”) The power granted to a judgment creditor in Proceedings Supplementary is immense. [read post]
11 Oct 2017, 8:27 am
The car lender still gets a better deal in bankruptcy than it would if they repoed the car in the real world, but then, the car creditors had crafty lobbyists when bankruptcy “reform” was enacted. [read post]
11 Oct 2017, 2:35 am
In the call for advice, the Commission invites the EBA to assess the following aspects: the extent to which best practices identified in the EBA’s Report on covered bonds – Recommendations on harmonisation of covered bond frameworks in the EU could be applied to ESNs with appropriate modifications; the appropriate risk treatment of ESNs given their features and expected risk-return profile; and the effects ESNs could have on individual banks in terms of assets encumbrance impact on… [read post]
10 Oct 2017, 1:47 pm
This professional knows that most creditors would rather receive some payment then contact a collection agency. [read post]
10 Oct 2017, 12:38 pm
Thus, each former spouse’s interest in the real property, which was previously protected from the creditors of each spouse alone by the tenancy by the entirety, becomes subject to the liens of judgment creditor under Virginia Code §8.01-434. [read post]
10 Oct 2017, 5:58 am
Ted Janger and I have posted a paper of interest to Credit Slips readers called Tracing Equity. [read post]
9 Oct 2017, 3:10 pm
This often means that rather than pay $500 a month or more on your car and all your other creditors on top of it, you pay, say, $300 a month to deal with all your creditors and the car. [read post]
9 Oct 2017, 11:23 am
The husband listed the wife as a creditor in his chapter 7 case, but did not properly schedule his right to receive payments from her for his marital share or his security interest in the former marital home. [read post]
